Developments in the Measurement of Subjective Well-Being

  title={Developments in the Measurement of Subjective Well-Being},
  author={Daniel Kahneman and Alan B. Krueger},
F or good reasons, economists have had a long-standing preference for studying peoples’ revealed preferences; that is, looking at individuals’ actual choices and decisions rather than their stated intentions or subjective reports of likes and dislikes. Yet people often make choices that bear a mixed relationship to their own happiness. A large literature… CONTINUE READING